Exhibit 15-1 Production possibilities curves

In Exhibit 15-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. Suppose Nabia produces at point A on its PPC. How many units of wheat is the country able to produce?

Question

Exhibit 15-1 Production possibilities curves

In Exhibit 15-1, the production possibilities curves of wheat and corn for Nabia and Pada are presented. Suppose Nabia produces at point A on its PPC. How many units of wheat is the country able to produce?

Quizplus · Accepted Answer

At point A on the PPC of Nabia, the country is producing 20 units of wheat. This is the vertical intercept of the wheat axis.

Exhibit 15-1 Production Possibilities Curves